Line of Credit
A revolving line of credit established by one of our lending partners. You can draw down on the line whenever you need it and you only pay interest on the amount you are using. As you pay down on the line, it opens access to additional credit.
Credit lines up to $250,000
Interest as low as 6%
Same day approvals, funding within hours
Pay interest only on the money you are using
Term lengths of either 6 or 12 months
Repayment via automated ACH withdrawal - weekly or monthly
No restrictions on the use of funds
No collateral required
Interest can be tax deductible (consult your accountant)
Significant prepayment discounts
Builds business credit